Studios in Paramount Tower Hotel & Residences Downtown
Studios in Business Bay. 7 studios sold in the last 12 months; every sale, rent and unit is below.
About the studios in Paramount Tower Hotel & Residences Downtown
Paramount Tower Hotel & Residences Downtown has 203 studios, 26% of its 784 apartments, at 466 to 692 sqft. 7 of the building's 33 sales in the last 12 months were studios. The service charge is AED 19.93 per sqft a year.
7 studios sold in the 12 months to August 2026, at a median of AED 1,579 per sqft. The median sale was AED 821,000, from AED 630,000 to 1,295,000, against a median of AED 2,005 per sqft for the building as a whole. 4 contracts registered over the same 12 months rented them for AED 65,000 to 90,000 a year, a gross yield of about 9.9% before the service charge.
- Studios
- 203
- Share of building
- 26%
- Size
- 466–692 sqft
- Last sale
- 3 July 2026
- Building
- Paramount Tower Hotel & Residences Downtown
Average prices in Paramount Tower Hotel & Residences Downtown
Studios in Paramount Tower Hotel & Residences Downtown sell for around AED 821,000, or AED 1,579 per sqft, 21% less per sqft than the building average. The other types: AED 1,800,000 for one-beds, AED 2,580,000 for two-beds and AED 2,900,000 for three-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
Studio price history in Paramount Tower Hotel & Residences Downtown
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Studio transactions in Paramount Tower Hotel & Residences Downtown
- CompletedStudio · 476 sqft 03 Jul 2026AED 777,2151,631 /sqft
- CompletedStudio · 627 sqft 22 May 2026AED 960,3671,531 /sqft
- CompletedStudio · 520 sqft 22 May 2026AED 830,4841,596 /sqft
- CompletedStudio · 520 sqft 24 Feb 2026AED 1,295,0002,490 /sqft
- CompletedStudio · 520 sqft 19 Feb 2026AED 821,4431,580 /sqft
- CompletedStudio · 520 sqft 26 Dec 2025AED 630,0001,212 /sqft
- CompletedStudio · 520 sqft 19 Nov 2025AED 804,7751,548 /sqft
- CompletedStudio · 520 sqft 27 Oct 2025AED 932,0001,791 /sqft
- CompletedStudio · 476 sqft 20 Oct 2025AED 1,186,0002,488 /sqft
- CompletedStudio · 520 sqft 15 Aug 2025AED 1,029,0001,978 /sqft
Over the last 12 months, Paramount Tower Hotel & Residences Downtown has recorded 7 studio sales. Typical homes sold for around AED 821K (about AED 1,579 per sqft) with a median size of 520 sqft, from roughly AED 630K to AED 1.3M.
Studios in Paramount Tower Hotel & Residences Downtown
203 units- Unit 1501Studio · 522 sqftSold AED 1.3M, Oct 2022
- Unit 1502Studio · 520 sqftSold AED 1.2M, Feb 2020
- Unit 1503Studio · 520 sqftSold AED 1.1M, Aug 2021
- Unit 1504Studio · 520 sqftSold AED 1.2M, Feb 2020
- Unit 1505Studio · 520 sqftSold AED 847K, Jul 2022
- Unit 1506Studio · 520 sqftSold AED 1.1M, Sep 2021
- Unit 1507Studio · 518 sqftSold AED 1.19M, Jan 2020
- Unit 1510Studio · 520 sqftSold AED 1.3M, Sep 2023
- Unit 1511Studio · 520 sqftSold AED 821K, Feb 2026
- Unit 1604Studio · 518 sqftSold AED 1.2M, Feb 2020
Every unit in Paramount Tower Hotel & Residences Downtown, by number
- 1501
- 1502
- 1503
- 1504
- 1505
- 1506
- 1507
- 1510
- 1511
- 1604
- 1605
- 1606
- 1607
- 1608
- 1609
- 1610
- 1611
- 1612
- 1613
- 1616
- 1617
- 1618
- 1619
- 1620
- 1621
- 1622
- 1623
- 1625
- 1704
- 1705
- 1706
- 1707
- 1708
- 1709
- 1710
- 1711
- 1712
- 1713
- 1716
- 1717
- 1718
- 1719
- 1720
- 1721
- 1722
- 1723
- 1725
- 1804
- 1805
- 1806
- 1807
- 1808
- 1809
- 1810
- 1811
- 1812
- 1813
- 1816
- 1818
- 1819
- 1820
- 1821
- 1822
- 1823
- 1825
- 1904
- 1905
- 1906
- 1907
- 1908
- 1909
- 1910
- 1911
- 1912
- 1913
- 1916
- 1917
- 1918
- 1919
- 1920
- 1921
- 1922
- 1923
- 1925
- 2004
- 2005
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2025
- 2104
- 2105
- 2106
- 2107
- 2108
- 2109
- 2110
- 2111
- 2112
- 2113
- 2116
- 2117
- 2118
- 2119
- 2120
- 2121
- 2122
- 2123
- 2125
- 2204
- 2205
- 2206
- 2207
- 2208
- 2209
- 2210
- 2211
- 2212
- 2213
- 2216
- 2217
- 2218
- 2219
- 2220
- 2221
- 2222
- 2223
- 2225
- 2304
- 2305
- 2306
- 2307
- 2308
- 2309
- 2310
- 2311
- 2312
- 2313
- 2316
- 2317
- 2318
- 2319
- 2320
- 2321
- 2322
- 2323
- 2325
- 2404
- 2405
- 2406
- 2407
- 2408
- 2409
- 2410
- 2411
- 2412
- 2413
- 2416
- 2417
- 2418
- 2419
- 2420
- 2421
- 2422
- 2423
- 2425
- 2504
- 2505
- 2506
- 2507
- 2508
- 2509
- 2510
- 2511
- 2512
- 2513
- 2516
- 2517
- 2518
- 2519
- 2520
- 2521
- 2522
- 2523
- 2525
- 3611
- 3709
- 5308
- 5307A
- 5307B
- 5607A
Nearby buildings in Business Bay
All 187 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Executive Tower B (East Heights 4) | 2009 | AED 1,344 | AED 84 | 6.3% |
| Falcon Tower | Few sales | AED 61 | ||
| Executive Tower E (East Heights 2) | 2009 | AED 1,509 | AED 95 | 6.3% |
| Executive Tower C (East Heights 3) | 2009 | AED 1,361 | AED 89 | 6.5% |
| Bayz 101 | AED 3,159 | |||
| Executive Tower F (East Heights 1) | 2009 | AED 1,478 | AED 82 | 5.5% |
| Executive Tower G (West Heights 6) | 2009 | AED 1,620 | AED 97 | 6.0% |
| Executive Tower H (West Heights 5) | 2009 | AED 1,895 | AED 105 | 5.5% |
| Executive Tower J (West Heights 4) | 2009 | AED 1,496 | AED 91 | 6.1% |
| Executive Tower K (West Heights 3) | 2009 | AED 1,612 | AED 93 | 5.8% |
Paramount Tower Hotel & Residences Downtown studios in numbers
- Across 7 DLD sales in the 12 months to August 2026, the median price in Studios in Paramount Tower Hotel & Residences Downtown was AED 1,579 per sqft and the typical home sold for about AED 821K.
- Completed in 2022 by Namaa Properties Development; 63 floors of studios to three-beds; service charge AED 19.93 per sqft a year.
- Studios of 466 to 692 sqft sold for AED 630,000 to 1,295,000 between November 2025 and July 2026, a median AED 1,579 per sqft.
- A studio of 466 to 692 sqft rents for AED 65,000 to 90,000 a year on the 4 contracts registered in the last 12 months.
- Gross rental yield 9.9%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 10 August 2026.
Questions about studios in Paramount Tower Hotel & Residences Downtown
How much does a studio in Paramount Tower Hotel & Residences Downtown cost?
7 studios sold in the 12 months to August 2026, for AED 630,000 to 1,295,000; the median was AED 821,443, or AED 1,579 per sqft.
How much is a studio for rent in Paramount Tower Hotel & Residences Downtown?
About AED 72,000 a year: that is the median of the 4 contracts for studios registered with Ejari in the 12 months to August 2026, from AED 65,000 to 90,000.
What is the rental yield in Paramount Tower Hotel & Residences Downtown?
About 9.9% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Paramount Tower Hotel & Residences Downtown?
AED 19.93 per sqft a year. For a typical 466 sqft home that is about AED 9,300 a year.
Who built Paramount Tower Hotel & Residences Downtown and when?
Namaa Properties Development; completed in 2022; 63 floors; 784 apartments.
How many studios are there in Paramount Tower Hotel & Residences Downtown?
203, of 466 to 692 sqft, 26% of the building's 784 apartments.
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